Despite the differences in investment behavior, both retail investors and whales were quitting Fei actively after the genesis event.
Torum Closes Million Dollars Private Round to Create Social Media Platform With NFT and DeFi
PRESS RELEASE. Torum, a social media platform specially designed for cryptocurrency users, is proud to announce that the project is now backed by some of the most promising VCs in the crypto industry. The $1.45M private round was participated by 13 private investors which consist of AU21 Capital, Momentum 6, Lotus Capital, Consensus Lab, Redline […]
Norway to start digital currency tests after four years of research
The Norwegian central bank aims to find a preferred CBDC solution through new technical tests.
Robinhood announces new COO to lead crypto trading desk
With the company’s crypto business expanding significantly, Robinhood has appointed a chief operating officer to lead its cryptocurrency operations.
Egypt’s Growing P2P Volumes Being Driven by Crypto Traders Under the Age of 34
A recent market report by Localbitcoins suggests that traders or holders under the age of 34 are driving crypto volumes in Egypt. This rise in Egyptian crypto transactions is evidenced by P2P data which shows the crypto asset’s weekly traded volumes averaging $205,000 in much of Q1 of 2021. The Premium on BTC In addition […]
Analyst enters $32.5K Bitcoin buy order as hodlers bet on $46K BTC price bottom
Peter Brandt is bracing for bigger price drops as technical indicators suggest bulls will yet be spared an apocalyptic crash.
Seoul government seizes $22M worth of crypto from tax evaders
The City of Seoul becomes the first city in South Korea to confiscate cryptocurrencies owned by tax delinquents.
Tether gets Coinbase’s seal of approval, will list on pro offering
Coinbase seems to be signaling that the Nasdaq-listed crypto exchange is not concerned about the stablecoin’s regulatory issues.
Nigerians Shun Local Currency— Seek to Protect Wealth From Inflation and Currency Depreciation with Foreign Currency
Nigerians are thought to be accumulating foreign currencies which they believe will protect their wealth from the naira’s volatility as well as the surging inflation. Further, as a research paper in a journal published by the Central Bank of Nigeria (CBN) found, Nigerians’ use of dollars exceeds IMF’s 30% threshold. Exchange Rate Volatility and Currency […]